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7IM buys £1bn AUM London Financial Planner

 

Canadian-owned investment manager and platform 7IM has snapped up £1bn AUM Financial Planning firm Amicus Wealth, subject to regulatory approval.

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Gilson Gray acquires Edinburgh Chartered Planner

The financial management arm of Scottish law firm Gilson Gray has acquired Edinburgh-based bespoke practice Sarah Hughes Wealth Management for an undisclosed amount.

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Kingswood confirms potential sale

Wealth manager and Financial Planner group Kingswood Holdings has confirmed the potential sale of the company’s UK business operations.

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Abrdn losses were £615m in 2022

Abrdn made a pre-tax loss of -£615m last year down from a £1,115m profit in 2021, driven by a decline in investments revenue.

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